Satyam Strips Private Limited

Produces stainless steel products such as rods, ingots, bars, and pipes.

2008 | Patiala, Punjab (India) | Active
Last Updated: December 18, 2024

Satyam Strips Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.64 M
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -64.22%
  • Profit Growth 135.12%
  • Ebitda 5.15%
  • Net Worth 2.92%
  • Total Assets 117.14%

About Satyam Strips

Satyam Strips Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 July 2008 and has a history of 16 years and seven months. Its registered office is in Patiala, Punjab, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹9.64 M. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kiran Bala and Rajinder Kumar serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2008PTC032106

  • Company No.

    032106

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Metals and Minerals

Who are the key members and board of directors at Satyam Strips?

Board Members (2)

NameDesignationAppointment DateStatus
Kiran Bala Country flag representing In Director 25-Jun-2022Current
Rajinder Kumar Country flag representing In Director 10-Jul-2008Current

Financial Performance of Satyam Strips.

Satyam Strips Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 64.22% decrease. The company also saw a substantial improvement in profitability, with a 135.12% increase in profit. The company's net worth moved up by a moderate rise of 2.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-64.22%
Revenue from Operations
-65.32%
Total Assets
117.14%
Profit or Loss
135.12%
Net Worth
2.92%
EBITDA
5.15%

What is the Ownership and Shareholding Structure of Satyam Strips?

In 2021, Satyam Strips had a promoter holding of 23.55% and a public holding of 76.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.96 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.96 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2018Others₹9.64 MOpen
27 Sep 2011Hdfc Bank Limited₹7.00 MSatisfied
18 Feb 2009State Bank Of Patiala₹4.00 MSatisfied
18 Feb 2009State Bank Of Patiala₹4.00 MSatisfied

How Many Employees Work at Satyam Strips?

Unlock and access historical data on people associated with Satyam Strips, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satyam Strips, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Satyam Strips's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Satyam Strips

Recent activity within the organization

  • Annual General Meeting

    Satyam Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Satyam Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 0.96 Cr registered on 21 Jan 2018 with Charge ID 100164452 was modified on 20 Jan 2023.

    20 Jan 2023

  • Director Appointment

    Kiran Bala was appointed as a Director was appointed as a Director on 25 Jun 2022 & has been associated with this company since 2 years 8 months .

    25 Jun 2022

  • Charges

    A charge registered on 27 Sep 2011 via Charge ID 10318848 with Hdfc Bank Limited was fully satisfied on 24 Dec 2018.

    24 Dec 2018

  • Charges

    A charge with Others amounted to Rs. 0.96 Cr with Charge ID 100164452 was registered on 21 Jan 2018.

    21 Jan 2018

Frequently asked questions

  • Satyam Strips Private Limited was incorporated on 10 Jul 2008.

  • The authorized share capital of Satyam Strips Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Satyam Strips Private Limited.

    • Kiran Bala
    • Rajinder Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satyam Strips Private Limited is Bhawanigarh Road India, Samana, Punjab, 147101.

  • The corporate identification number (CIN) of Satyam Strips Private Limited is U27100PB2008PTC032106 and the company number is 032106 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Satyam Strips Private Limited has fallen by -64.22%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Satyam Strips Private Limited has experienced an upsurge of 2.92%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Satyam Strips Private Limited amount to ₹ 9.64 M.

  • The most recent Balance Sheet for Satyam Strips Private Limited was filed with the ROC on 31 Mar 2024.

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